The global self-adhesive labels market size is expected to reach USD 73.97 billion by 2030, according to a new study by Polaris Market Research. The report “Self-Adhesive Labels Market Share, Size, Trends, Industry Analysis Report, By Type, By Nature, By Technology (Flexography, Digital Printing, Lithography, Screen Printing, Gravure, Letterpress, Offset), By Application, By Region; Segment Forecast, 2022 - 2030” gives a detailed insight into current market dynamics and provides analysis on future market growth.
The industry is expected to grow due to increased label acceptance in the consumer goods industry and increased awareness of biodegradable products. Further, the market's expansion is fueled by robust growth in the transportation and logistics sector worldwide. Strict government food safety rules in developing nations drive the market's growth.
Self-adhesive labels are simple to use and frequently include adhesive. The industry is tremendously increasing, owing to the increased customer awareness of items and a general desire for product information on clear label.
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The demand for ready-to-eat food items is expanding rapidly worldwide due to the changing social, economic, and demographic patterns of life. This is likely to impact the demand for ready-to-eat food products in different geographical regions, thereby surging demand for the self-adhesive label in food & beverage application. The food label indicates essential information such as the date of manufacture, the date of expiration, and other details.
The escalating demand from emerging markets such as India and China will create a lucrative growth opportunity in the Asia Pacific region. The labeling industry has made significant contributions to the region's industrial growth. The supportive initiatives taken by the government which ensure the packaging and labeling of pharmaceutical and food products is another factor augmenting the market's growth.
3M, Avery Dennison, BSP Labels, All4label Group, CCL Industries, Coveris Holdings, CS Label, Dura-ID, Multi-Color Corp, Fuji Seal International, H.B. Fuller, Consolidated Label, Hally Label, Huhtamaki, Inland Label, Lintec Corp, Mondi Group, Right Label Solutions Limited, Sato Holdings, Secura Label, Skanem, Torraspapel Adestor, Terragene, and TOWER and others are some of the players operating in the industry.
In October 2021, CCL Industries Inc., acquired Desarrollo e Investigación S.A. de C.V. and Fuzetouch PTE LTD (D&F). The acquisition will expand CCL's design operations and new capabilities of technical screen printing, adhesive & functional coating, in-mold decoration, and many more. In June 2021, Avery Dennison introduced the upgraded SR3011N, CleanFlake technology, a new self-adhesive material for delivering fast, flawless application on high-speed labeling machines.
Polaris market research has segmented the self-adhesive labels market report based on type, nature, technology, application, and region:
Self-Adhesive Labels, Type Outlook (Revenue - USD Billion, 2018 – 2030)
Self-Adhesive Labels, Nature Outlook (Revenue - USD Billion, 2018 – 2030)
Self-Adhesive Labels, Technology Outlook (Revenue - USD Billion, 2018 – 2030)
Self-Adhesive Labels, Application Outlook (Revenue - USD Billion, 2018 – 2030)
Self-Adhesive Labels, Regional Outlook (Revenue - USD Billion, 2018 – 2030)